UK landlords feeling the pinch despite rent increases, research shows
Rental yields may be at their lowest level but landlords remain positive about the market
Rents may have risen in the private rented property sector in the UK over the last year, but professional landlords are feeling the pinch, it is claimed.
The latest findings from the BDRC Continental quarterly Landlords Panel research reveals the biggest rise in the number of portfolio landlords making a loss since the Landlords Panel began in 2006.
The research shows that in the fourth quarter of 2011, the number of portfolio landlords, that is those with 20 or more properties, who reported making a loss rose from just 1% in the third quarter of 2011, to 8% in the last quarter of the year.
At the same time, while portfolio landlords reaped the highest rental yields at 7%, average rental yields for all landlords fell in the fourth quarter of 2011, down to 5.9% from 6.7% in the previous quarter.
Read the full story at Propertywire.com
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